China Automotive Adaptive Lighting System Market Outlook
The China Automotive Adaptive Lighting System Market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 10% during 2023–2031. The growth of the market is attributed to increase in the frequency of incidents has also prompted end-users to implement improved safety systems.
The total automotive adaptive lighting is rising dramatically as a result of factors such as rising vehicle sales volume and severe regulatory requirements. Because of rigorous government pollution regulations, energy-efficient LED lighting sources are gaining favor. The significant drop in LED pricing is motivating automakers to develop LEDs for various purposes in automobiles, such as interior/ambient lighting.
The vehicle adaptive lighting industry has expanded significantly and is transitioning from old lighting technologies like halogen and xenon to LED. Because of rigorous government pollution regulations, energy-efficient LED lighting sources are gaining favor.
The adaptive lighting system for automobiles is a brilliant solution for safe and convenient night driving that avoids the severe blinding effect and its repercussions. When a vehicle approaches from the front at night, the adaptive lighting system for automobiles requires no personal action to turn the headlight/downlight (Bright/Dim) on and off.
Vehicle illumination is extremely important, especially while travelling on busy routes. Road traffic accidents are a major source of concern for governments all over the world.
According to the World Health Organization (WHO), road traffic crashes kill 1.3 million people each year. Road traffic accidents cost the majority of countries 3% of their GDP. As a result, it is critical to improve driving conditions, which may be accomplished in part by upgrading the lighting system. The European Union imposed daytime running lights (DRLs) on all new types of motor vehicles in 2011, with the goal of increasing road safety.
With the rising number of commercial and heavy-duty vehicles, the automotive adaptive lighting industry is gaining traction. Globally, the number of heavy-duty vehicles is rising due to rapid urbanization and a developing transportation and logistics industry. Due to severe government controls and restricted admission into cities during the day to minimize traffic congestion, these vehicles operate at night.
Market Trends, Drivers, Restraints, and Opportunities
- Rapid growth of auto industries is major factors driving the market in the coming years.
- Growing trend to own a personal vehicle also high demand for advance technology with maximum safety features is estimated to fuel the market during the forecast period.
- Rising stringent government regulations to install advanced safety feature is expected to boost the market in the coming years.
- Increasing adoption of advanced and energy efficient lighting technology such as LED technology is projected to drive the market.
- Roadway and vehicle design advancements have gradually lowered injury and fatality rates, which is projected to propel the market.
- Halogen lights have the major disadvantage of heating and energy-wasting, whereas Xenon light is more complex and requires some time to achieve full brightness, which is expected to hamper the market growth.
- LED is more expensive than other technologies, its application is limited to high-end or luxury automobiles act as key challenges that can hamper the market growth during the forecast period.
Scope of Automotive Adaptive Lighting System Market Report
The report on the China automotive adaptive lighting system market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes
|
Details
|
|
Report Title
|
Automotive Adaptive Lighting System Market - China Industry Analysis, Growth, Share, Size, Trends, and Forecast
|
|
Base Year
|
2023
|
|
Historic Data
|
2016–2021
|
|
Forecast Period
|
2023–2031
|
|
Segmentation
|
Application Types (Front and Rear), Component Types (Controller, Lamp Assembly, Sensors/Camera, and Others), Vehicle Types (Sports Cars, Mid-segment Passenger Vehicles, and Premium Vehicles), Sales Channel Types (OEM and Aftermarket)
|
|
Country Scope
|
China
|
|
Report Coverage
|
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
|
|
Key Players Covered in the Report
|
OsRam Licht AG; Koito Manufacturing Co. Ltd; Valeo Group; HELLA KGaAHueck& Co.; Koninklijke Philips N.V
|
China Automotive Adaptive Lighting System Market Segment Insights
The front segment is projected to account for a large market share
Based on application types, the China automotive adaptive lighting system market is divided into front and rear. The front segment is expected to represent a key share of the market during the forecast period due to manual operation for switching on/off the headlight.
The sensors/camera segment is expected to expand at a rapid pace
In terms of component types, the China automotive adaptive lighting system market is fragmented into controller, lamp assembly, sensors/camera, and others. The sensors/camera segment is expected to hold a key share of the market in the coming years. It provides the information to the system, and then accordingly light changes its intensity and direction.
The passenger car segment is expected to register a rapid growth
On the basis of vehicle types, the China automotive adaptive lighting system market is segregated into sports cars, mid-segment passenger vehicles, and premium vehicles. The passenger car segment is expected to account for a key share of the market in the coming years owing to its benefits, such as less expensive and low maintenance cost.
The OEM segment is expected to grow at a rapid pace
In terms of sales channel types, the China automotive adaptive lighting system market is bifurcated into OEM and aftermarket. The OEM segment is expected to represent a key share of the market during the forecast period owing to OEMs developing various adaptive front lights for future vehicles.
Segments
The China automotive adaptive lighting system market has been segmented on the basis of
Application Types
Component Types
- Controller
- Lamp Assembly
- Sensors/Camera
- Others
Vehicle Types
- Sports Cars
- Mid-segment Passenger Vehicles
- Premium Vehicles
Sales Channel Types
Country
Key Players
Competitive Landscape
Key players competing in the China automotive adaptive lighting system market include OsRam Licht AG; Koito Manufacturing Co. Ltd; Valeo Group; HELLA KGaAHueck& Co.; Koninklijke Philips N.V.
Some of these players are coming up with several market such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
Request For Customization
Enquiry Before Buying
Speak With Analyst
